[1] As the US internet television network Netflix is set to officially launch in Australia in March, the company say that it is ready to fight for the Australian market.
[2] This comes after Foxtel attempted to beat Netflix with the launch of its rival Presto TV subscription streaming service with the Seven Network last week.
[3] Netflix chief executive Reed Hastings has acknowledged the high competition on Australia, but reiterated that they were well prepared in the highly competitive market.
[Source] http://www.arnnet.com.au/article/564353/netflix-ready-aust-nz-market-battle/